Repossession
Debt Collection
State Laws

Does a Right to Cure Notice have to be sent before repossession according to California law?

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2005-12-09 21:21:50
2005-12-09 21:21:50

California allows self help repossession as long as there is no breach of the peace. There is no requirement to send a Right to Cure letter unless your specific contract says that one must be sent prior to repossession.

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Under California law, a creditor can repossess the vehicle if it is in default without notice, even if the car payment is one day late. However, if there is a co-borrower on the loan, the creditor is required to give notice before repossession.

There is no specific time limit for a repossession in Florida. Florida law does not require a creditor to give notice before starting a repossession.

The car company generally has to give you notice before going through with a repossession. Also, they should give you the opportunity to pay the outstanding bill before resorting to a repossession.

In a few states both the primary borrower and the cosigner must be notified by the lender through a "Right To Cure" notice before repossession action can occur. In Wisconsin a replevin order is necessary before a repossession can take place, but the cosigner is not always notified. In the majority of states the lender does not need to give either the primary or the cosigner notice of repossession action.

I am a repossession agent in Virginia it takes 2-3 months of not paying before the repossession status occurs.AnswerI am a repossession agent in Virginia it takes 1 missed payment then repossession status occurs.

Actually a company can reposses your vehicle without notice. When the terms of a finance contract is broken the company has all rightd at that time. They are under no obligation to notify you.

In Virginia, the law states a lender must submit notice in writing at least 10 days before a car is to be repossessed. Therefore, car payments that are late can be subject to repossession at anytime, provided notice has been given.

You will receive notices that your payments have not been received, making your auto subject to repossession, but you will not receive a date and time of the repossession.

No months. It will be more like weeks or days. In practice, you can be one day past due and the lender can send your vehicle for repossession. It might be months before the actual repossession happens; it will depend on how difficult it is for the agency to secure it.

A repossession will significantly lower your credit score, regardless of the balance. It will take around 7 years before the repossession is removed from the credit report.

Basically, it means last chance to pay before repossession takes place. The procedure for repossession is in progress.

They can charge storage from day ONE of the repo. Read your contract. MERRY CHRISTMAS That last answer is only partially correct. In California repo men are required to send you an initial notice that has to have some specific things listed in it. Its called the notice of seizure. One of the things is that they have to tell you the towing and storage fees associated with the vehicle. That first notice (which must be given within 48 hours of seizure unless part of that 48 hours is a Sat. or Sun. the they have 72 hours to notify you) allows them to charge for the first fifteen days. After that initial notice they are required to mail you another notice, certified mail, before the fifteen days expire in order to be able to to charge you for more than that first fifteen days. If they dont mail that second notice then they can only charge you for fifteen days. If they dont mail you the first notice telling you the charges then they give up any right to any compensation for storage or towing

according to the internet and the research they say that she did live in california and she did live in other places before but at the time she died she did live in california

No, Missouri has no laws that require the creditor to notify the debtor that a vehicle is subject to repossession.The lender can have the vehicle repossessed without notice as long as the repossession does not commit a breach of peace as defined by the laws in the jurisdiction where the vehicle is seized.ADDED: While the above answer may have been correct at the time it was written - it is no longer applicable.Quote: "As per the UCC, repossession is allowed and permitted as long as it is peaceful, after a Twenty Day Right To Cure Letter from lienholder to debtor. One time cure law in effect in Missouri; all others per contractual agreement." unquoteSee below link:

Before Curley's wife leaves, what does she notice about Lennie?

Not unless you are on probation, or have some other legal reason to report to them. You may receive a California 'Notice of Delinquent Registration' after the registration expires. You can complete a 'Notice of Release of Liability' or the 'Out of State Vehicle Registration' form-- which is on the back of the notice they send you. Make a copy of the completed form for your records before sending it to CA DMV.

You need very good proof it was not damaged before the repossession. Nearly impossible to do as he can say it was damaged when he got it (and he will, believe me).

Thay can, and in many jurisdictions it is required before repossession is performed. In others it is only necessary to notify police within 24 hours of recovery.

The company repossessing the car has no authority to negotiate terms with you. They are simply there to repossess the car. You must negotiate with your lender. Hopefully, you will do this before the the repossession order is submitted by the lender.

A notice can be added as soon as the project is complete, even before registration.

Typically, one day past the grace period. Some lenders will only permit a debtor to be two weeks delinquent before starting the repossession machine.

New York state repossession law state that creditors can repossess goods in default without going to court. If repossessing the goods is not feasible, the creditor can make the goods unusable instead. In addition, creditors do not have to give notice before repossessing secured goods. The only limitations creditors have on repossession are that they can't cause a disturbance, and they must proceed reasonably.

Someone gets a notice before action is taken.


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